10,341 Shares in NVIDIA Corporation $NVDA Purchased by Pursuit Wealth Management LLC

Key Points

• Pursuit Wealth Management bought a new position of 10,341 shares of NVIDIA (≈$1.93M), which is about 1.7% of the firm's holdings and its 12th largest stake.
• Insider selling accelerated recently: EVP Ajay K. Puri sold 300,000 shares (~$54.7M) and CFO Colette Kress sold 42,650 shares (~$7.46M), with insiders offloading 953,976 shares (~$171.2M) in the last three months and now owning 4.17% of the company.
• Earnings beat and analyst support: NVIDIA reported $1.62 EPS vs. $1.54 expected and revenue of $68.13B (up 73.2% YoY), and analysts carry a consensus "Buy" rating with a $275.25 target price.

Pursuit Wealth Management LLC acquired a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,341 shares of the computer hardware maker's stock, valued at approximately $1,929,000. NVIDIA comprises approximately 1.7% of Pursuit Wealth Management LLC's holdings, making the stock its 12th largest holding.

Several other hedge funds have also added to or reduced their stakes in the stock. State Street Corp raised its stake in shares of NVIDIA by 1.0% in the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker's stock valued at $154,556,803,000 after buying an additional 9,554,857 shares during the period. Geode Capital Management LLC lifted its position in shares of NVIDIA by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker's stock valued at $91,150,170,000 after buying an additional 8,521,936 shares during the last quarter. Norges Bank bought a new position in shares of NVIDIA during the 2nd quarter worth $51,386,863,000. Legal & General Group Plc increased its holdings in NVIDIA by 1.5% in the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker's stock worth $33,808,862,000 after acquiring an additional 2,609,560 shares during the last quarter. Finally, Capital Research Global Investors increased its holdings in NVIDIA by 16.1% in the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock worth $30,855,564,000 after acquiring an additional 22,896,705 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

Insider Activity

In other news, EVP Ajay K. Puri sold 300,000 shares of the company's stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the sale, the executive vice president owned 3,018,547 shares of the company's stock, valued at approximately $550,130,190.75. This represents a 9.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Colette Kress sold 42,650 shares of the stock in a transaction on Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the transaction, the chief financial officer directly owned 881,387 shares in the company, valued at approximately $154,145,772.43. This represents a 4.62% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 953,976 shares of company stock valued at $171,173,819. Insiders own 4.17% of the company's stock.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $198.51 on Tuesday. The company has a 50 day moving average of $186.75 and a 200 day moving average of $186.18. The company has a current ratio of 3.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.05. The stock has a market cap of $4.82 trillion, a P/E ratio of 40.51, a P/E/G ratio of 0.65 and a beta of 2.25. NVIDIA Corporation has a 12 month low of $110.82 and a 12 month high of $216.82.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 EPS for the quarter, topping the consensus estimate of $1.54 by $0.08. The business had revenue of $68.13 billion during the quarter, compared to analysts' expectations of $65.56 billion. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The firm's revenue was up 73.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.89 earnings per share. As a group, sell-side analysts forecast that NVIDIA Corporation will post 7.78 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date was Wednesday, March 11th. NVIDIA's dividend payout ratio (DPR) is presently 0.82%.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Bernstein says AI agents are driving chip demand “off the charts,” and supply can’t keep up — a clear tailwind for Nvidia’s pricing power and long-term revenue trajectory. Bernstein: AI Agents Drive Chip Demand ‘Off the Charts’
• Positive Sentiment: Nvidia backed DeepInfra’s $107M round — strategic ecosystem investments that address inference bottlenecks and help lock in future GPU demand from cloud inference providers. Nvidia Backs DeepInfra in $107 Million Raise
• Positive Sentiment: Bloomberg reports Nvidia’s pivot to “physical AI” is igniting a rally across its Asian supply chain — signals expanding end-markets and stronger demand for partners that feed Nvidia’s ecosystem. Nvidia’s pivot to physical AI ignites rally
• Positive Sentiment: Institutional buying continues (Manning & Napier increased its NVDA stake) — supportive flows that can buoy the share price during volatility. Manning & Napier Boosts Nvidia Stake
• Neutral Sentiment: Barron’s discusses technicals around the $200 level — useful for traders watching momentum, but not new fundamental news. Nvidia's Big Move: Breakout or Bear Trap?
• Negative Sentiment: Jensen Huang said Nvidia “now has zero market share in China” — highlights regulatory/export-control limits on direct China sales and the risk that losing that market could cap growth. Nvidia CEO: zero market share in China
• Negative Sentiment: Customers are seeking alternative suppliers (Anthropic in talks with Fractile; Cerebras targeting an IPO) — growing chip supply diversification could erode some future Nvidia share if rivals scale. Anthropic in talks to secure Fractile chips
• Negative Sentiment: Speculative bearish takes (trading experts warning of large crashes) increase narrative risk and volatility for NVDA — could pressure sentiment in short-term selloffs. Trading expert predicts NVDA crash

Analysts Set New Price Targets

Several research firms have commented on NVDA. BNP Paribas Exane upped their price objective on shares of NVIDIA from $260.00 to $270.00 and gave the company an "outperform" rating in a report on Thursday, February 26th. Citigroup started coverage on shares of NVIDIA in a research note on Wednesday, April 15th. They issued a "buy" rating for the company. Jefferies Financial Group restated a "buy" rating and set a $275.00 price target (up from $250.00) on shares of NVIDIA in a research note on Friday, January 16th. Barclays reaffirmed a "buy" rating on shares of NVIDIA in a report on Thursday, February 26th. Finally, HSBC set a $310.00 price objective on shares of NVIDIA in a research note on Tuesday, February 24th. Four research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $275.25.

NVIDIA Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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